Car Finance Terms & Conditions

Benefits

• Different financing programs suits all what you need!

• You can finance a car with a value from 15,000 to 3,000,000 EGP

• We finance up to 80% of car’s value

• Repayment period starts from 1 to 5 years

• You can finance up to 4 cars simultaneously

• Flexibility in repayment methods and the possibility of partial or full repayment after one month of contracting

• Car insurance is not obligatory

• Free life insurance

• Ease of licensing and renewing your car’s license

Conditions

• Auto finance is granted to Egyptians and foreigners residing in Egypt

• Auto finance is available to employees, business owners and the freelancer employees.

• The age of the applicant should not be less than 21 and not more than 70 at the end of the contract.

Papers

• A copy of the identity card: National ID card for Egyptians or passport for foreigners

• Proof of residence/utilities bill (electricity or gas bill)

• For employees, HR letter and bank statement for the last 6 months

• For business owners and freelancer employees, a copy of the commercial register, tax card and bank statement for the last 6 months with an income certificate from verified accountant

Steps

• The applicant submits a request for installments through contactcars.com or one of the Contact branches

• Within two days, one of the responsible employees contacts the customer to ensure the seriousness of the request and explain the appropriate options for him/her, then set a date for an appointment to start the inquiry process and get the required documents

• Upon approval, the client will be contacted to start the implementation and search for the appropriate car

• The company undertakes the procedures for licensing the car for the customer